Investing in Boston

There are many good reasons for investing in the Boston Real Estate market. It is a great place to visit, offering the ocean, mountains, culture and convenience. A very European city with great appeal for foreign investors.  While residential and commercial vacancy rates reached their high in 2009 due to the jobless rate, that trend is now reversing. As Gen Y begins to find jobs again, they will move out of their parents’ homes and out of roommate situations.

Boston has a diverse base of employers from banks to universities, biotech, hospitals and high tech. With the many students and medical professionals moving in and out of the area, rentals are stronger than in most other parts of the country. Many of these temporary residents become permanent as they graduate or decide to stay in the Boston area for professional growth.  In Boston, monthly rental rates are projected to climb 2.8 percent in the fourth quarter of 2010 versus the same period a year earlier.

I am already seeing multifamily homes and apartment buildings getting snapped up this year. As all these trends continue, you will be able to make a return on your capital investment in both rental income and capital growth as your property value increases.

I know the Boston market well, having sold condos, single family homes and apartment buildings in the city. I have a strong network of contacts who give me heads up on great investment properties and I know what it takes to invest here.

If you are looking to invest in the Boston area, contact me and let’s get started.

Borrowing in the U.S.
Obtaining a U.S. SSN or Taxpayer I.D.
Investor Green Card